Information from the edge , currently conversational bank operators are not keen on apply the digital bank license since they think not worthwhile to obtain it. So , There are more chances for the other company. Any as we know Malaysia culture, BNM would not approve any license to foreigner company because protect the rakyat wealth. So , leftover local player only. Then , from these local player , we filter the company capability and experience background related to digital bank and shortlisted become few only. There are AXIATA, greenpacket and Managepay only. Conclusion : Chances For Managepay successfully obtain the license is 90% after doing the filtration. Hence , the price should be stand above RM0.50 within this month to show confident to BNM as a credit marks of BNM impression. Furthermore , Mpay itself have strong connection with internal MOF personnel also is a credit for the license.
Chew Mpay pedigree and digital bank license potential... Biggest conjob story ever!
1. Pays himself and his wife, family members on board over RM 1 mil a year for doing a lousy job whilst the Co just lost RM 5 mil 1st quarter 2020 2. Collects rents from the company ie sucking public money into private pocket 3. Burned RM 65 mil cash in the company last 5 years without any result to show. Cash in the co now is less than RM 6 mil. Not exactly a pedigree mgmt hallmark of a potential digital bank winner. 4. Company never made money since listing and has accumulated losses of over RM 35 mil. Current book orders is a paltry RM 1.37 mil only.. shocking but true! 5. Last private placement at 23 sen with banker Datuk Vyonne Chia all lost monies and still sitting on 50% losses. Even the banker pro got conned! You think she won’t warned her mates at Bank Negara haha 6. Application for digital banking licence together with this Passion Venture is an unknown C Grade investment advisory firm based in Singapore... no history or success story whatsoever ie another intentional play scam to attract speculative buying interest in 7. Last 2 weeks build up is merely market exercise to attract a higher price for the proposed dilutive private placement 8. The co will run out of cash by Sep without a successful placement exercise. The placement takers have yet to be identified thus indicating poor response. 9. Bank Negara will be strict on digital banking license ie only proven management and strong capital backed... both of which Mpay is not. 10. Digital bank license front runners are Grab, Axiata, Green Packet, Cimb. Mpay digital bank play sounds like fairy tales and another of Chew’s scheme to conned new investors in. So far everybody who has invested in this stock lost monies except Chew because he sucks investors monies in to cream out privately. Be warned!
Chew Mpay pedigree and digital bank license potential... Biggest conjob story ever!
1. Pays himself and his wife, family members on board over RM 1 mil a year for doing a lousy job whilst the Co just lost RM 5 mil 1st quarter 2020 2. Collects rents from the company ie sucking public money into private pocket 3. Burned RM 65 mil cash in the company last 5 years without any result to show. Cash in the co now is less than RM 6 mil. Not exactly a pedigree mgmt hallmark of a potential digital bank winner. 4. Company never made money since listing and has accumulated losses of over RM 35 mil. Current book orders is a paltry RM 1.37 mil only.. shocking but true! 5. Last private placement at 23 sen with banker Datuk Vyonne Chia all lost monies and still sitting on 50% losses. Even the banker pro got conned! You think she won’t warned her mates at Bank Negara haha 6. Application for digital banking licence together with this Passion Venture is an unknown C Grade investment advisory firm based in Singapore... no history or success story whatsoever ie another intentional play scam to attract speculative buying interest in 7. Last 2 weeks build up is merely market exercise to attract a higher price for the proposed dilutive private placement 8. The co will run out of cash by Sep without a successful placement exercise. The placement takers have yet to be identified thus indicating poor response. 9. Bank Negara will be strict on digital banking license ie only proven management and strong capital backed... both of which Mpay is not. 10. Digital bank license front runners are Grab, Axiata, Green Packet, Cimb. Mpay digital bank play sounds like fairy tales and another of Chew’s scheme to conned new investors in. So far everybody who has invested in this stock lost monies except Chew because he sucks investors monies in to cream out privately. Be warned!
terima kasih @qualitygarbage atas fakta tsb. Selalunya ikanbilis akan terperangkap pada harga tinggi atascerita spekulasi saja sementara insiders mengaut keutungan berjuta ringgit. Saya akan elak dari sykt ini
Mpay should exercise the 15% ESOS now to the staff pending submission of 20% placement shares to BURSA for approval......if ESOS offered at 20cts...then this will be a good indicator of the TP of 50cts will be easily reached....hoping ?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
George99
259 posts
Posted by George99 > 2020-07-31 11:04 | Report Abuse
may be can go up till myr1.00 once getting licences